Kreiser New Homes Blog

Kreiser Construction builds Quality, Affordable, On-Time New Homes in Lebanon County. Through our blog we hope to educate, encourage and motivate you as you search for a new home, purchase a new home and pay off your new home mortgage. In addition, we'll let you know of happenings in and around Lebanon County.

Understanding Mortgage Terms

I don't know about you but understanding mortgages can be a daunting task. There are so many terms to understand. There are so many numbers to figure out. What are the benefits of each? Can I really afford the new home that I have been looking at--my dream home? Today, you can find many of your answers online even before you call a mortgage agent or a mortgage broker or mortgage company. It allows us to be ready with pertinent questions to ask when we do finally connect with an agent/broker/company.

I don't know about you but understanding mortgages can be a daunting task. There are so many terms to understand. There are so many numbers to figure out. What are the benefits of each? Can I really afford the new home that I have been looking at--my dream home? Today, you can find many of your answers online even before you call a mortgage agent or a mortgage broker or mortgage company. It allows us to be ready with pertinent questions to ask when we do finally connect with an agent/broker/company.

AP Online released new yesterday that Fannie Mae just unveiled a new consumer website.

"The government-controlled company on Tuesday launched www.knowyouroptions.com. It is designed to provide easy-to-understand definitions of mortgage industry terms and online calculators that help consumers determine whether they can qualify for a refinanced mortgage or a loan modification."